Tecsys Strengths, Domain Expertise, and Key Differentiators
TECSYS is a leading provider of enterprise supply chain management solutions and stands out as a visionary and technology leader in warehouse management software.
Tecsys Recent Developments
In November 2023, Tecsys introduced its Elite Warehouse Management System (WMS) for Healthcare Distribution, aimed at assisting companies in complying with the regulations outlined in the Drug Supply Chain Security Act (DSCSA), enacted in November. This newly launched WMS leverages an advanced serialization foundation to deliver a highly targeted and robust DSCSA-compliant warehouse management system to the market.
In August 2021, Tecsys upgraded its Elite Healthcare supply chain platform with an integrated pharmacy inventory management solution. This streamlined system offers centralized control, mitigates drug shortages, reduces waste, and ensures compliance with the Drug Supply Chain Security Act (DSCSA) while optimizing 340B program participation.
Tecsys Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Tecsys applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Tecsys and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Tecsys Elite, Tecsys Omni customers.
Tecsys Overview
1 Place Alexis Nihon, Suite 800
Montreal, QC, H3Z 3B8, Canada
1 514-866-0001
https://www.tecsys.com/
Ownership: - TCS.TO
Number of Employees: 745
Functional Markets: Analytics and BI, ERP Financial, SCM,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction, Consumer Packaged Goods, Distribution, Healthcare, Hospitality, Life Sciences, Manufacturing, Oil and Gas, Chemicals, Professional Services, Retail, Transportation,
Tecsys Key Enterprise and Cloud Applications
Tecsys Elite, Tecsys Omni
Tecsys Revenues, $M:
| Type/Year | 2022 | 2023 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Tecsys Revenue Breakdown By Type, $M:
Tecsys Enterprise Applications Revenues By Functional Markets, $M:
Tecsys Enterprise Applications Revenues By Verticals, $M:
Tecsys Revenues By Region, $M
| Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 Enterprise Applications Revenues, $M | 2023 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Tecsys Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Tecsys Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Tecsys Customers
No. of Tecsys Customers: 1000
No. of Tecsys Enterprise Applications Customers: 1000
No. of Tecsys Cloud Customers: x
No. of Tecsys Cloud Subscribers: x
Among TECSYS 1000 customers are: Baptist Health, Canon, Delmar, Honda, eone, Cleveland Brothers CAT, Aetrex, Humana, Kubota, Leesar, Mayo Clinic, Mercy, Parkview Health, Walter and others.
Tecsys Market Opportunities, M&A and Geo Expansions
In October 2022, Tecsys introduced a rapid implementation methodology for Omniâ„¢ OMS, its cloud-native order management system, offering the industry's fastest path to unified commerce. This six-week approach utilizes pre-built integrations, operational accelerators, and collaborative tools for efficient education and training. It can be tailored to meet customer requirements and resource allocation, providing confidence in a swift and aligned operational launch, and leveraging the expertise of all parties involved for accelerated value generation.
In February 2021, Tecsys, a leading supply chain management software company, appointed Martin Schryburt as Vice President of Research and Development (R&D). With over 25 years of software development experience and a background in leading global teams at Nokia, Schryburt brings valuable expertise to steer Tecsys' next-generation supply chain solutions. His leadership is integral as Tecsys continues its multi-vertical Software as a Service (SaaS) growth, ensuring mission-critical supply chain functionality for its diverse customer network.
Tecsys Risks and Challenges
In November 2023, Tecsys Inc. announced the appointment of Andrew Kirkwood to its Board of Directors. With over two decades of global leadership in high-growth supply chain organizations, Kirkwood's addition brings valuable experience. In conjunction with this appointment, the Board is realigning its committees, emphasizing Kirkwood's strategic and market development focus.
Tecsys Ecosystem, Partners, Resellers and SI
TECSYS partnered with Ryder System, a FORTUNE 500 commercial fleet management, dedicated transportation, and supply chain solutions company, to address the growing challenges of end-to-end supply chains in the health systems market. Ryder and TECSYS will work collaboratively to address these challenges by fusing TECSYS' best-in-class technology with Ryder's industry-leading supply chain solutions. The U.S. health systems market is substantial; it is estimated at some 550-delivery networks and is gradually moving forward to modernize its technology platform to meet the efficiency and support challenges to its business model.
Tecsys Cloud Infrastructure Insights
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- Tecsys Public Cloud and Infrastructure (IaaS)
- Tecsys Platform (PaaS)
- Tecsys Application Delivery
- Tecsys Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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